Andy Street steps down from role as managing director of John Lewis to run for West Midlands Mayor Read more.
H&M reports group sales up 6% to SEK56.8bn (£5.1bn) in the three months ending 31st August The group registered a gross profit of SEK26.4bn during the quarter, and the company has made considerable investments during the year, with plans to launch several brands in 2017. The company was impacted somewhat by warmer weather and the strong dollar. Read more.
Bottega Veneta names Claus Dietrich Lahrs as chief executive, effective October He will take over from Carlo Alberto Beretta, who will take on the newly-created role of chief client and marketing officer at Kering, reporting directly into group chairman and CEO Francois-Henri Pinault. Claus was previously chief executive of Hugo Boss. Read more.